LPL Financial (NASDAQ:LPLA) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

09 Apr 2026, 21:04 by Sarita Garza · The Markets Daily

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of LPL Financial Holdings Inc. (NASDAQ:LPLA). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in LPL Financial stock on March 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 3/25/2026.

LPL Financial Price Performance

Shares of LPLA traded up $3.78 during trading hours on Thursday, hitting $314.57. The stock had a trading volume of 577,661 shares, compared to its average volume of 981,326. The company’s fifty day moving average is $319.31 and its two-hundred day moving average is $342.95. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.45 and a quick ratio of 2.45. LPL Financial Holdings Inc. has a 52 week low of $281.51 and a 52 week high of $403.58. The stock has a market capitalization of $25.22 billion, a price-to-earnings ratio of 28.57, a P/E/G ratio of 0.78 and a beta of 0.56.

LPL Financial (NASDAQ:LPLA – Get Free Report) last posted its earnings results on Thursday, January 29th. The financial services provider reported $5.23 earnings per share for the quarter, topping the consensus estimate of $4.82 by $0.41. LPL Financial had a net margin of 5.08% and a return on equity of 34.19%. The business had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the firm earned $4.25 EPS. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, analysts anticipate that LPL Financial Holdings Inc. will post 19.35 EPS for the current year.

LPL Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 0.4%. LPL Financial’s dividend payout ratio is presently 10.90%.

Insider Buying and Selling at LPL Financial

In other LPL Financial news, Director Marc Eliot Cohen sold 2,212 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $308.75, for a total transaction of $682,955.00. Following the transaction, the director directly owned 5,488 shares in the company, valued at approximately $1,694,420. This represents a 28.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Matthew Enyedi sold 2,109 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $320.15, for a total transaction of $675,196.35. Following the transaction, the director owned 14,121 shares in the company, valued at approximately $4,520,838.15. The trade was a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,990 shares of company stock worth $2,201,837. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. lifted its position in LPL Financial by 64.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,207 shares of the financial services provider’s stock valued at $1,860,000 after purchasing an additional 2,042 shares during the period. Meadowbrook Advisors Group LLC acquired a new position in LPL Financial during the 4th quarter valued at about $203,000. Corient Private Wealth LLC lifted its position in LPL Financial by 1.6% during the 4th quarter. Corient Private Wealth LLC now owns 32,951 shares of the financial services provider’s stock valued at $11,769,000 after purchasing an additional 528 shares during the period. Reflection Asset Management acquired a new position in LPL Financial during the 4th quarter valued at about $50,000. Finally, Tobam lifted its position in LPL Financial by 13.6% during the 4th quarter. Tobam now owns 15,505 shares of the financial services provider’s stock valued at $5,538,000 after purchasing an additional 1,857 shares during the period. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LPLA has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LPL Financial in a report on Wednesday, January 28th. Wolfe Research set a $478.00 target price on shares of LPL Financial in a report on Friday, January 30th. TD Cowen lowered their target price on shares of LPL Financial from $399.00 to $378.00 and set a “hold” rating on the stock in a report on Friday, January 30th. JPMorgan Chase & Co. upped their target price on shares of LPL Financial from $433.00 to $439.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, Morgan Stanley lowered their target price on shares of LPL Financial from $462.00 to $447.00 and set an “overweight” rating on the stock in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $407.14.

Get Our Latest Report on LPL Financial

LPL Financial News Summary

Here are the key news stories impacting LPL Financial this week:

Positive Sentiment: UBS upgraded LPL from “neutral” to “buy” and set a $380 price target, signaling renewed conviction in the firm’s growth outlook — this upgrade is being cited across outlets and likely helped lift sentiment. UBS upgrade 247WallSt coverage
Positive Sentiment: Keefe, Bruyette & Woods initiated coverage with an “outperform” rating and $350 target, adding another independent bullish view and incremental buy-side interest. KBW coverage
Positive Sentiment: Citizens JMP gave LPL a “market outperform” rating, increasing the number of buy-side recommendations and reinforcing analyst momentum around the stock. Citizens JMP note
Neutral Sentiment: Barclays lowered its price target from $435 to $369 but kept an “overweight” rating — the cut trims upside expectations but the stance remains constructive. Barclays note
Neutral Sentiment: Coverage piece tracking capital flows and Nasdaq futures activity mentions LPL in the context of market trends — useful for context on trading flows but unlikely to be a direct catalyst. Kalkine article
Negative Sentiment: Jefferies published a pessimistic forecast for LPL, introducing a dissenting view that could cap near‑term upside if investors give it weight. Jefferies note

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

LPL Financial Company Profile

(Get Free Report)

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.